Chemical Week Magazine :: Business & Finance :: Europe/Mideast
Management Buyout Planned for Sibur
1:59 PM MDT | April 28, 2008 | Ian Young
A group of five senior executives at Sibur Holding (Moscow) has announced its interest in acquiring the 70% stake held in Sibur by Gazprombank (Moscow). The group, led by Sibur president Dmitry Konov, made the announcement at a board meeting last week. The executives have agreed to stop acting in their current roles until May 15 while a proposal for shareholders is prepared and any potential negotiations are undertaken, Sibur says. Anatoly Ezhkov, v.p./security and government relations, has been appointed temporary president at Sibur for this period. The period...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee